Hot Pursuit     24-Aug-23
Biocon Ltd spurts 1.11%, gains for five straight sessions
Biocon Ltd is quoting at Rs 263.25, up 1.11% on the day as on 12:44 IST on the NSE. The stock is down 14.11% in last one year as compared to a 11.09% spurt in NIFTY and a 21.55% spurt in the Nifty Metal.

Biocon Ltd gained for a fifth straight session today. The stock is quoting at Rs 263.25, up 1.11% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.11% on the day, quoting at 19466.2. The Sensex is at 65525.19, up 0.14%. Biocon Ltd has risen around 7.14% in last one month.

Meanwhile, Nifty Metal index of which Biocon Ltd is a constituent, has risen around 6.42% in last one month and is currently quoting at 15282.5, up 0.16% on the day. The volume in the stock stood at 15.58 lakh shares today, compared to the daily average of 50.44 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 263.3, up 0.92% on the day. Biocon Ltd is down 14.11% in last one year as compared to a 11.09% spurt in NIFTY and a 21.55% spurt in the Nifty Metal index.

The PE of the stock is 292.53 based on TTM earnings ending June 23.

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